From Yahoo Finance: 2025-06-10 16:12:00

The S&P 500 increased by 0.55% on Tuesday, driven by tech stocks like Meta and Google. Meta’s stock rose by 1.20%, with plans to invest $15 billion in Scale AI. Apple’s shares also rose by 0.61%, while Tesla rebounded by 5.67% due to easing tensions between Elon Musk and Donald Trump.

Despite positive market trends, caution remains as U.S.-China trade talks continue in London. Commerce Secretary Howard Lutnick reported progress in discussions with Chinese officials. Meta, despite recent setbacks, remains a top U.S. tech company, with plans to establish a new AI research lab led by Scale AI’s founder, Alexandr Wang.

Meta’s stock rose by 1.20% on Tuesday, while Google saw a 1.29% increase. Tesla, despite a recent increase, has seen a 5.55% decrease over the past week. The company plans to launch its self-driving taxi service in Austin soon. Circle, a stablecoin company, maintained most of its gains from its recent IPO, despite an 8.31% drop in stock value.

Circle’s IPO had the largest two-day pop since 1980, raising over $500 million. Analysts believe this success could encourage other fintech and crypto companies to go public. Gemini has confidentially filed for its IPO, following Circle’s strong performance.



Read more at Yahoo Finance: Tech stocks inch up as Meta reportedly nears multibillion-dollar AI investment